New Delhi, Sept. 15 -- If you want exposure to both large-cap and mid-cap stocks, should you invest in a single large & mid-cap fund or choose separate large-cap and mid-cap funds? The answer may depend on how much exposure you want to each segment and how the fund's portfolio is positioned.

Large & mid-cap funds offer investors exposure to both segments within a single scheme. Under Securities and Exchange Board of India (SEBI) categorisation rules, these funds must invest at least 35% of their assets each in large-cap and mid-cap stocks.

AMFI's latest data shows that large & mid cap funds received Rs.3,872.79 crore in inflows, while large-cap funds saw an outflow of Rs.1,147.36 crore. However, mid-cap funds attracted Rs.6,989.40 crore...